Archives

September 2017 - ?

home
previous archive

September 4. A thought experiment for Labor Day. Imagine you live in a world where money is completely disconnected from work. Not only is there an unconditional minimum income, there's also a maximum income -- and they're the same! Corporate executives, sled dog racers, insurance agents, and people who just watch TV all day, all make the same amount of money.

In that world, what would you do with your time?

And how similar is that to what you actually do with your time?

To the extent that those things are the same, you're successful -- even if you're poor. To the extent that they're different, your quality of life is being constrained by cultural assumptions and economic rules that tie activity to money.

You've all seen that political grid, where one axis is social freedom and the other is economic freedom. That's always rubbed me the wrong way, and now I can say why: because it has "freedom" exactly backwards, defining it as the right to trade your labor for money, even if it's something you wouldn't do if it weren't for the money, and then turn around and trade your money for the labor of others, even if they're only doing it for the money. That's not people being free -- it's money being free to control us.

In a value system that puts quality of life first, economic freedom is not freedom of money but freedom from money, and the more disconnected money is from activity, the more free we are.

There are three obstacles to the disconnection of money from activity. The easiest is just to understand that anything less than a 100% volunteer workforce is inadequate. The hardest is getting there from here as an entire society. That's going to take hundreds of years and reforms that haven't been imagined yet. And the medium sized problem is moving in that direction in your own life.

Now someone might say, "What if what I love to do is make money?" That's silly, because money is supposed to be a means for the end of living well, not the end in itself. And if you just enjoy the process of accumulating abstract tokens, then you can get that pleasure from games. And if you say, "I enjoy accumulating abstract tokens that have real world value," then be careful, because you might be asking for a power that no one should have: to make people do stuff that they wouldn't do if they didn't need the money.